Hi All. Can anybody shed some light on when this company will open trading again. I see they posted some good results but nothing about their suspension in their results. I called their head office and someone gave me some excuse about the JSE rules but nothing concrete. Any comment will be useful. Thanks
I have been in contact with them a number of times over the last year of their suspension and it seems that they haven't got "all their ducks in a row" in terms of JSE requirements. They are supposed to be sending out a statement/SENS update to shareholders to inform them of all the transactions' status - and once this is done to the satisfaction of the JSE, then the suspension will be lifted. I would guess by the end of the year, perhaps sooner. In the meantime, if you own shares, the NAV has gone up nicely, which hopefully bodes well for the share price going forward.